DECISION OF THE NATIONAL COMMISSION ON SECURITIES AND STOCK MARKET OF UKRAINE

of May 26, 2016 No. 590

About modification of Requirements to the service agreement of the account in securities

According to Item 38 parts two of Article 7 and Item 13 of article 8 of the Law of Ukraine "About state regulation of the security market in Ukraine", the Law of Ukraine "About depositary system of Ukraine", for the purpose of ensuring protection of the rights of investors and observance by members of the security market of requirements of acts of the legislation the National commission on securities and the stock market SOLVED:

1. Bring in the Requirements to the service agreement of the account in securities approved by the decision of the National commission on securities and the stock market of August 6, 2013 No. 1412, registered in the Ministry of Justice of Ukraine on September 2, 2013 at No. 1502/24034 (with changes), the following changes:

1) to add the Section I with new Items 9, 10 following contents:

"9. The requirement to the Agreement determined by the paragraph the eleventh the subitem 1 of item 4 of the Section II of these Requirements is not obligatory for inclusion in terms of the contract in case of availability of the corresponding norm in domestic situation about the depository activity of depository institution determining procedure for provision of financial services.

10. By agreement of the parties the Agreement may contain references that the list and cost of services of depository institution, procedure for their change and payment, procedure for consideration of disputes and responsibility of the parties for non-execution or improper execution of terms of the contract, procedure of payments in case of cancellation of the Agreement are determined by the parties taking into account requirements of the legislation in other agreements signed between them.

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